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Alpari launches a free automated forex analysis service
Both beginners and experienced traders are concerned about the right time to enter the market and when to close a position. Which technical analysis patterns are appropriate to use? And, most importantly, how does one trade effectively on Forex?
Alpari offers a service which can help you answer these questions. This service is Autochartist, which combines different methods of classical and technical analysis and allows a trader to make use of it without possessing in-depth knowledge of the sphere or spending hours at the computer trying to make sense of patterns that are just forming.
Autochartist recognizes technical analysis patterns on charts, assesses them and predicts future market behavior, timely signaling you of any significant trends.
You can use this service to confirm your trading results as well as to develop your own approach to the market and your understanding of methods of technical analysis.
This service is free for all Alpari clients with live trading accounts. Clients with demo accounts can make use of a trial-version of the program in order to evaluate Autochartist's benefits.
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